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3530 NE Old Belfair Hwy 7,000 SF 100% Leased Retail Building Belfair, WA 98528 $2,300,000 ($328.57/SF) 4% Cap Rate
EXECUTIVE SUMMARY
Presenting the established “Bear Creek Country Store and Feed” and gas station. This offering includes real estate, buildings, fixtures, equipment, business, and operations. Located on Old Belfair Highway with 192 feet of road frontage, the property benefits from high traffic. It features non-branded gas sales (3,000 gallons for Non-Ethanol and 2,500 gallons for Unleaded). Exceptional pylon signage, pull-through access for big rigs, and 32 parking spaces. A luxury apartment-style living space is available. The property includes three shops, office spaces, training rooms, a picnic area, and creek access. Feel free to walk about without engaging with the employees or tenants. Showing by appointment only. Please use Escrow Closer - Aubry Ludberg at Fidelity National Title.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
7,000 SF
Year Built
1972
Price
$2,300,000
Price Per SF
$328.57
Cap Rate
4%
NOI
$92,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.10
Lot Size
1.56 AC
Zoning
County - Business, Commercial, Farm & Ranch, Office,
Retail
Parking
22 Spaces (3.14 Spaces per 1,000 SF Leased)
Frontage
233’ on Northeast Old Belfair Hig
PROPERTY TAXES
| Parcel Number | 12309-41-00150 | Improvements Assessment | $656,565 |
| Land Assessment | $88,615 | Total Assessment | $745,180 |
PROPERTY TAXES
Parcel Number
12309-41-00150
Land Assessment
$88,615
Improvements Assessment
$656,565
Total Assessment
$745,180
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3530 NE Old Belfair Hwy
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